Consumer prices in the Faroe Islands edged up to 2.5% in the third quarter of 2026 from 2.4% in the previous quarter, marking the highest reading since Q2 2024. On a quarterly basis, consumer prices eased to 0.3% in Q3 from 2.5% in Q2. source: Statistics Faroe Islands
Inflation Rate in Faroe Islands increased to 2.50 percent in the third quarter of 2026 from 2.40 percent in the second quarter of 2026. Inflation Rate in Faroe Islands averaged 1.58 percent from 2002 until 2026, reaching an all time high of 10.10 percent in the fourth quarter of 2022 and a record low of -3.10 percent in the third quarter of 2009. This page provides - Faroe Islands Inflation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Faroe Islands Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Inflation Rate in Faroe Islands increased to 2.50 percent in the third quarter of 2026 from 2.40 percent in the second quarter of 2026. Inflation Rate in Faroe Islands is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Faroe Islands Inflation Rate is projected to trend around 2.30 percent in 2027 and 1.90 percent in 2028, according to our econometric models.